Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Update

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXGGet Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 394,108 shares, a drop of 37.2% from the July 15th total of 627,585 shares. Based on an average daily volume of 383,956 shares, the days-to-cover ratio is presently 1.0 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 1.5%

EXG traded down $0.15 during trading on Tuesday, reaching $9.85. 607,886 shares of the company’s stock were exchanged, compared to its average volume of 493,844. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a fifty-two week low of $8.24 and a fifty-two week high of $10.16. The business has a 50 day moving average price of $9.71 and a 200 day moving average price of $9.45.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.0657 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Friday, August 14th.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several institutional investors have recently made changes to their positions in the business. Garton & Associates Financial Advisors LLC acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter worth about $25,000. Jessup Wealth Management Inc acquired a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the fourth quarter valued at approximately $27,000. First Horizon Corp bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 4th quarter valued at approximately $28,000. Advisory Services Network LLC bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 3rd quarter valued at approximately $35,000. Finally, WFA of San Diego LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 2nd quarter worth approximately $58,000.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

(Get Free Report)

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.

Further Reading

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